CVD Equipment Q2 revenue $5.8M (+44% YoY); net loss $0.8M; backlog $16.7M up 60.5%

CVD EQUIPMENT CORP

2022-Q2 EPS reported -$0.27 revenue$10,460,820

Q2 2022 revenue $5.8M vs $4.0M a year ago (+44.0%); net loss $0.8M ($0.12 diluted) vs net income $1.5M ($0.22) in Q2 2021 which included $2.4M PPP loan forgiveness gain.
Operating loss improved to $0.9M from $1.1M in Q2 2021, driven by higher gross profit on increased sales and product mix.
Backlog at June 30, 2022 was $16.7M, up 60.5% from $10.4M at Dec 31, 2021, due to $16.7M in new orders less $10.5M recognized revenue.
H1 2022 CVD segment orders ~$13M, including 21 systems (14 PVT-150 systems for SiC growth, plus others for battery materials, advanced capacitors, superconductors).
Company cites supply chain disruptions and inflationary cost pressures but expects aerospace improvement in late 2022-2023.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.